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  • 1.Linda Jane Debello Licencee / Director L.J. GILLAND REAL ESTATE Proud to be a REIQ Individual MemberY O U R S TAT E - W I D E P R O P E R T Y R E S E A R C H G U I D E - S U B U R B B Y S U B U R B MAR K E TQUEENSLAND MONITORIssue 8www.reiq.com.au Opportunitiesstack up for buyers10% Deposit - it just makes sense Click here to discover how a Deposit Power Guarantee can secure a 10% deposit.www.reiq.com.au

2. QUEENSLAND MAR K ET MONITORCOnTEnTSState-wide Summary.................................. page 2Queensland Market Monitor is published by The Real Estate Institute of Queensland (REIQ).Regional OverviewABN 49 009 661 287[Houses, Units & Townhouses, Vacant land, Rents] Disclaimer: The information contained in this publication, while based on information believed reliable, is not guaranteed. Nor is any of it tendered by way of investment advice; instead, it isBrisbane City.......................................... page 4 intended only to inform and illustrate. No reader should act on the basis of any matter contained in this publication without considering and if necessary taking appropriate professional advice withBrisbane Surrounds.............................. page 9regards to their own particular circumstances. The publisher and editor give no representations and make no warranties, express or implied, with respect to the accuracy or completeness ofGold Coast City..................................... page 14 any of the material (including statistics, advertisements and advertising features) contained in this publication. The publisher and editor expressly disclaim any and all liability to the reader,Toowoomba Regional........................... page 16whether a purchaser of this publication or not, in respect of anything and the consequences of anything done or omitted to be done by any such person in reliance, whether whole or partial,Sunshine Coast City............................ page 18upon the whole or any part of the contents of this publication. The publisher, editor or contributors will enter into no correspondence in relation to this publication. The mention of the company,Fraser Coast Regional.......................... page 21organisation, person, investment strategy or technique does not imply endorsement by the publisher. The publisher has not vetted advertisers and their products/services. The inclusion ofBundaberg Regional.............................. page 22 advertisements or special advertising features in this publication does not imply endorsement of the advertiser/s or their products/services by the publisher. Articles are published in relianceGladstone Regional............................... page 24 upon the representations and warranties of the authors of the articles and without knowledge of any infringement of any third partys copyright. Copyright: This publication is protected under theRockhampton Regional......................... page 25 Commonwealth Copyrights Act 1968 and may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable format withoutMackay Regional.................................... page 27 the express permission of the publisher. For permissions or reprints, contact the Market Place Strategy Division on phone 07 3249 7347.Townsville City........................................ page 29Cairns Regional...................................... page 31PUBLISHED: 10 December 2010Other Regional Areas............................ page 33 The Real Estate Institute of Queensland Ltd. Copyright 2010Rental Yields & Vacancy Rates................ page 3721 Turbo Drive, Coorparoo, PO Box 1555,Coorparoo DC Q 4151Research Methodology............................. page 38 Ph: (07) 3249 7347 Fax: (07) 3249 6211Email: [email protected] Notes........................................ page 39SEPTEMBER QUARTER 2010 STATE-WIDE SUMMARYMedian house and unit prices SnAPSHOT OF lGA DATAThe Queensland residential property market proved resilientSEPTEMBER QUARTER 2010 HOUSESin the September quarter even as the wider economy came to LOCAL GOVERNMENT AREAMedianChangegrips with six almost consecutive interest rates increases, and Sale Price over qtrthe uncertainty surrounding the Federal Election during that SOUTHEAST QUEENSLANDtime. BRISBANE (SD) $447,500 -2.7%However, agents across most of the State are reporting tough BRISBANE CITY $531,170 -1.3%market conditions partly due to a lack of committed buyers.IPSWICH CITY$310,000 -4.6%Sellers, therefore, are being more realistic about their price LOGAN CITY$355,000 -2.7%expectations which mean significant buying opportunities MORETON BAY REGIONAL$396,000 -2.7%currently exist. Across the state, preliminary sales numbers REDLAND CITY$450,500 -3.8%were subdued in many areas with median prices experiencing GOLD COAST CITY $480,000 -3.0%slight rises or falls. SUNSHINE COAST REGIONAL $455,000 -3.2%Agents are reporting that there is no urgency amongst buyers MAJOR REGIONAL CENTRESwho have recognised that they are in the box seat. However,BUNDABERG REGIONAL ~$272,000 -4.6%there appears to be a significant discrepancy between what CAIRNS REGIONAL $364,0001.7%buyers are prepared to pay and what sellers will accept, even FRASER COAST REGIONAL $297,500 -0.8%after they have lowered their price expectation, which is GLADSTONE REGIONAL$392,0005.9%resulting in stock remaining unsold on the market. MACKAY REGIONAL $392,500 -0.6%The strength of the mining sector has underpinned robust ROCKHAMPTON REGIONAL$315,000 -1.6%results in Gladstone specifically, as well as to a lesser degree inTOOWOOMBA REGIONAL$289,0001.4%Toowoomba over the quarter.TOWNSVILLE CITY $365,000 -3.9%The Gladstone median house price increased 5.9 per cent to$392,000 since the June quarter.Please see page 39 for legend and further notesIssue 8 - September Quarter 2010page 2 www.reiq.com.au 3. BRISBAnE CITYSEPTEMBER QUARTER 2010 STATE-WIDE SUMMARYGladstones property market was buoyed by the potential ofQUEENSLAND HOUSE SALESthe LNG projects earmarked for the region over the quarter. QUEENSLAND HOUSE SALES